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but not dictions sufficient to take the taxes up. we hope the middle class will have a tax reduction even with the elimination of deductions and putting a cap on deductions actually gives more credibility because you can give the middle class more deductions. the governor also said if you have more incomes, you pay lower caps, in other words $17,000. the idea that taxes on the well-to-do and the successful and those who are making a lot money will not go down. middle classing we hope they will stay where they are, or come down. coming down is a possibility. the important part of this tax plan, is to remember, when you earn, say you earn $200,000 and you have $20,000 worth of deductions, so now you paying tax on $180,000. if you paid tax at 35 percent rate, obviously the rate will be below $35 percent because you do not pay on full $200,000. governor romney is saying reduce that rate and every dollar you earn offer the amount that uses up the tax deductions, you will pay the lowest rate on. it will encourage people to earn more money,
but not dictions sufficient to take the taxes up. we hope the middle class will have a tax reduction even with the elimination of deductions and putting a cap on deductions actually gives more credibility because you can give the middle class more deductions. the governor also said if you have more incomes, you pay lower caps, in other words $17,000. the idea that taxes on the well-to-do and the successful and those who are making a lot money will not go down. middle classing we hope they will...
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Sep 30, 2012
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it's tax on capital gains. there are lots of people who believe it should be taxed as ordinary income. would you support moving the carried interest so it's taxed as interest rule. >> it came about always sweat equity. if someone came to you and said i want to open a restaurant. you take 80% of the profits and i'm take 20%. that's what care rid interest is. it's what the venture capital firms do and that's how people do. it incents people to look at it. all the way to farm countries to carried interest because we need to raise more revenue. >> what do you think of this man as a leader? he hired you, i assume. >> he gave me my first job back at bane company. he's an incredible family man. he's got a good sense of humor. it sometimes gets him in trouble but he geeset great sense of humor, and he's have very good sense of humor. i'm heartened by the fact that we have two fantastic candidates. i worked with president obama as well. they boenlt have a high degree of education and both knowledgebling. i think we're l
it's tax on capital gains. there are lots of people who believe it should be taxed as ordinary income. would you support moving the carried interest so it's taxed as interest rule. >> it came about always sweat equity. if someone came to you and said i want to open a restaurant. you take 80% of the profits and i'm take 20%. that's what care rid interest is. it's what the venture capital firms do and that's how people do. it incents people to look at it. all the way to farm countries to...
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Oct 1, 2012
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boosting american manufacturing by ending the tax break that sends jobs overseas and giving tax incentives to companies that start manufacturing businesses here. these are specific tangible proposals and i believe they will pass because i believe the american people are supportive of that. >> but they haven't passed. >> the verdict will be rendered november 6. megyn: joining me now mark hannah, former aid to john kerry and barack obama. kevin, your chots on that exchange? >> that was a revealing look inside the best talking points that president obama has by his top spokesperson on the campaign frame beside himself. if you can't get more prekay tough than education, green energy, research and development, and that's the solutions? those are the pin points for solutions you are offering for an election that's going to be decided on an economy and jobs and the economic growth and development of this nation? megyn, that's pathetic. and i think everyone that watched david axlerod squirm, and candy is not exactly a hostile host, saw the real lack of preparedness. this campaign is demonstrating
boosting american manufacturing by ending the tax break that sends jobs overseas and giving tax incentives to companies that start manufacturing businesses here. these are specific tangible proposals and i believe they will pass because i believe the american people are supportive of that. >> but they haven't passed. >> the verdict will be rendered november 6. megyn: joining me now mark hannah, former aid to john kerry and barack obama. kevin, your chots on that exchange? >>...
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Oct 4, 2012
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i want to keep taxes down on small business so we can create jobs. this is about good jobs for the american people. >>neil: he swings, slams, scores, way too early to say if the swing states swinging back to the challenger but after last night, the critics say they probably stopped swinging away. larry said the race ain't over but he also is saying for the challenger it is an uphill fight. what do you make of last night and how this changes the dynamics? >> everyone, obviously, just about everyone, from right to left, says that romney won the debate. i gave you a full "a" and i give the president a "c" minus. there was a giant difference between their performance. everyone who was fair was impressed with how romney handled that from going to end. obama was stunned by how well romney was performing. he seemed almost to take a step back and tune out. >>neil: do you think he came in to it is on the clock, the president, to your point he didn't expect this, and he saw little risk in taking on mitt romney and even if romney did well it would not move the
i want to keep taxes down on small business so we can create jobs. this is about good jobs for the american people. >>neil: he swings, slams, scores, way too early to say if the swing states swinging back to the challenger but after last night, the critics say they probably stopped swinging away. larry said the race ain't over but he also is saying for the challenger it is an uphill fight. what do you make of last night and how this changes the dynamics? >> everyone, obviously, just...
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that's income after taxes and living expenses. so discretionary -- 10% of discretionary income and they cap it at 20 years. so if you are not done in 20 years, it's over. >> jamie: let me see if i can simplify. if you owe monoa student loan, you may be able to renegotiate the terms, based on your discretionary income. where do you go to do that? >> that will be automatic. but when you go for the repayment term, guback to your lender and you say, this is the plan that i want to take. but bear in mind, it will vary, ev income goes up, so your payments will go up. >> jamie: i am sure people don't want to bail on their loans and want to make that effort. trapa tricia, you gave them good tips today. appreciate it so much. so worth the cost of an education. >> absolutely. >> jamie: for more ow hohow can you can take charge on a number of issues, go to foxnews.com and click on the bottom of the main page, america's news hq and then look for my link there. tell say take charge, consumer protection segments. you can see a bunch of them the
that's income after taxes and living expenses. so discretionary -- 10% of discretionary income and they cap it at 20 years. so if you are not done in 20 years, it's over. >> jamie: let me see if i can simplify. if you owe monoa student loan, you may be able to renegotiate the terms, based on your discretionary income. where do you go to do that? >> that will be automatic. but when you go for the repayment term, guback to your lender and you say, this is the plan that i want to take....
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he said he and his son calculated how much they pay in taxes, federal income tax, payroll tax, state sales tax, state property tax, gasoline tax, it added up to well over 50% of what they earned and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses says that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so what i do, i bring down the tax rates, lower deductions and exemptions, the same idea by bowles-simpson, get the rate down to create more jobs. nothing better to create a balanced budget than having more people working, earning more money, paying more taxes, that's the most effective and efficient way to get the budget balanced. >> jim, you may want to move on to another topic. i would say this to the american people. if you believe we can cut taxes by $5 trillion and add $2 trillion of additional spending to the military that is not asking for, $7 trillion, to give you a sense, over ten years, that's more than our entire defense budget, and you think that by closing loop
he said he and his son calculated how much they pay in taxes, federal income tax, payroll tax, state sales tax, state property tax, gasoline tax, it added up to well over 50% of what they earned and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses says that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so what i do, i bring down the tax rates, lower deductions and exemptions, the...
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i think it's a good idea. >> half of property taxes go to schools to be fair. tracy, the kids issue, you can get them out of your house two years earlier. what do you make about that? >> you know what, the money issue to me is separate from the academic development issue. i don't think these kids should be rushed through school. i do think there's a reason they need these years to develop as people. when you do look at the dollars and cents, there are a lot of people that live in towns that don't even have kids in the school system. close to 50% of their taxes are going to the schools that are not spending the money properly. if you can get a kid that can take advantage of every dollar given to them, they can get through the system and take advantage, why not? >> sally cohen, at the same time taxpayers are saying why not on the other end of the spectrum, because it's not just property taxes going to schools, but also look at all the fights we've had about teac teacher pensions and teacher salaries. get more kids out of school faster, save money. >> as taxpayers
i think it's a good idea. >> half of property taxes go to schools to be fair. tracy, the kids issue, you can get them out of your house two years earlier. what do you make about that? >> you know what, the money issue to me is separate from the academic development issue. i don't think these kids should be rushed through school. i do think there's a reason they need these years to develop as people. when you do look at the dollars and cents, there are a lot of people that live in...
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why not get rid of the company's and lower taxes for everyone? >> we never give out cash measure on how and expensive. we just give conditional incentives temporary tax relief. >> you have to do it to compete. to give up politician a checkbook is dangerous do anything new want to bring jobs to the state. they could be gone when the bill comes to do. you can win without doing that the seven think you governor daniels now rated number three and the most improved state not to maine court in new hampshire or north dakota. >> we are gaining on them. >> what about housing for amtrak or the post office? ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. john: did you go to the post office website? we do. since then franklin was appointed the first postmaster the post office has grown and changed with a
why not get rid of the company's and lower taxes for everyone? >> we never give out cash measure on how and expensive. we just give conditional incentives temporary tax relief. >> you have to do it to compete. to give up politician a checkbook is dangerous do anything new want to bring jobs to the state. they could be gone when the bill comes to do. you can win without doing that the seven think you governor daniels now rated number three and the most improved state not to maine...
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on top of the extension to the bush tax cuts. >> i don't have a $5 trillion tax cut. i don't have a tax cut. of a scale that you're talking about. i will not reduce the share paid by high income individuals. i know that you and your running mate keep saying that and i know it's a popular thing to say with a lot of people burks it's just not the case. look, i got five boys, i'm used to people saying something that's not always true. >> health care, romney was on offense, touting what he passed in massachusetts as an example of a bipartisan compromise and a model for the whole country at the state level. >> we've seen this model work really well. in massachusetts because governor romney did a good thing, working with democrats in the state to set up what is essentially the identical model. >> i like the way we did it in massachusetts. entirely on a partisan basis instead of bringing america together and having a discussion at this important topic, you pushed through something that you and nancy pelosi and harry reid thought something was the best answer and drove it thr
on top of the extension to the bush tax cuts. >> i don't have a $5 trillion tax cut. i don't have a tax cut. of a scale that you're talking about. i will not reduce the share paid by high income individuals. i know that you and your running mate keep saying that and i know it's a popular thing to say with a lot of people burks it's just not the case. look, i got five boys, i'm used to people saying something that's not always true. >> health care, romney was on offense, touting what...
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a tax cut that ads to the deficit. that is part one. there is no economist that can say mitt romney tax plan adds $5 trillion if i say i will not add to the deficit with my tax plan. >> if you are lowering the rates the way you describe, governor, it is not possible to come up with enough deductions and loopholes that only affect high overincome individuals to avoid either raising the deficit or burdening the middle class. it is math. >>trace: which candidate had the upper hand and how much was accurate? with me is the associate editor of the financial weekly owned by the parent of this company. michael, romney says if you lower the tax rates what happens is, businesses have more money. businesses have more money they can hire more people and, guess what, everyone starts paying taxes and that is how you close the deficit. true? >>guest: it is true that is what he is saying. it is true that is the way a model would have it play out. the question and what assumptions go in that assertion by lowering rate and obviously on
a tax cut that ads to the deficit. that is part one. there is no economist that can say mitt romney tax plan adds $5 trillion if i say i will not add to the deficit with my tax plan. >> if you are lowering the rates the way you describe, governor, it is not possible to come up with enough deductions and loopholes that only affect high overincome individuals to avoid either raising the deficit or burdening the middle class. it is math. >>trace: which candidate had the upper hand and...
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when he released tax information 30% of his income away, biggest part to his church, i admire people that back up their beliefs with what they actually do. his particular faith is not the same as mine but i want people who practice what they preach. i would love to see people in office and frankly people who wanted credibility with me to demonstrate that what they stand for on sunday is also what they stand for the rest of the week. one way we find that out is how they invest even their resources. now, if you are going to bring religion and the faith of candidates, particularly mitt romney into this whole presidential debate, fair enough. fair enough senator reid, let's bring everybody's faith and everyone's church and then maybe america will be reminded of this pastor under whom barack obama sat for 20 years. >> god bless america, no, no, no. not god bless america. god [ bleep ] america. >> yeah, so if you wanted to bring religion up, fine we're ready and we'll be more than happy to talk about the influences of faith on each of the candidates. >>> coming up the filmmaker who says he
when he released tax information 30% of his income away, biggest part to his church, i admire people that back up their beliefs with what they actually do. his particular faith is not the same as mine but i want people who practice what they preach. i would love to see people in office and frankly people who wanted credibility with me to demonstrate that what they stand for on sunday is also what they stand for the rest of the week. one way we find that out is how they invest even their...
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we don't want to tax more people with bad tax policy. we want to grow the middle class and get people back to work with higher take home fay. the secret to this is economic growth, chris. the premise of the conversations and tax reform point is as if the economic pie is fixed and that it is governments if job to redistribute the slices. is not how the world works. we want to grow the pie and we want economic opportunity. we want people to be able to get a better job and have more income security and higher take home pay and you can do that through economic growth and that is what we are trying to provide and what we can get if we put the progrowth policies in place. >> chris: a number of top republicans say that when romney picked you as his running mate a little over a month ago that they thought that this indicated that you guys were going to run a bold reform agenda campaign and now expressing some frustration that instead of you changing romney you heard this that they feel that romney is changing you and you are running a much more
we don't want to tax more people with bad tax policy. we want to grow the middle class and get people back to work with higher take home fay. the secret to this is economic growth, chris. the premise of the conversations and tax reform point is as if the economic pie is fixed and that it is governments if job to redistribute the slices. is not how the world works. we want to grow the pie and we want economic opportunity. we want people to be able to get a better job and have more income...
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when people are moving to the tax roles rather than welfare roles you can reduce tax rates, or welfare spending and bring it back faster. >>neil: it is about inspiring confidence. ronald reagan did that, bill clinton did it. but this idea that we can't do it and certainly when pundits say further candidate should even touch it tomorrow night, that gets to the core of the problem. >>guest: that is exactly correct. this is the issue. all the issues that we are talking about in the economy are encompassed inside the national debt argument. you can get rid of the unfunded liabilities, as well, just the way we did with social security under ronald reagan by tending the age of retirement, by reducing benefits, by subjecting half of them to the income tax. there are lots of things you can do to bring this economy back and fairly quickly in two terms you could bring it back the way reagan did. >>neil: the fact is you cannot buy your way out it. you have to boom your way out of it. thank you, art. >> in washington, dc, talk of a plan to keep the government from going off an immediate fiscal cli
when people are moving to the tax roles rather than welfare roles you can reduce tax rates, or welfare spending and bring it back faster. >>neil: it is about inspiring confidence. ronald reagan did that, bill clinton did it. but this idea that we can't do it and certainly when pundits say further candidate should even touch it tomorrow night, that gets to the core of the problem. >>guest: that is exactly correct. this is the issue. all the issues that we are talking about in the...
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tax policy but not by to buy another issues. i was not present the day they shutdown the event but many were shouting there is no debate. no-space 48. that hit home. >> he was shouted down. john: somewhere outside the building and throwing rocks through the window? >> university reacted and condemned the action. unc denounce. but some people did not want to have the debate. some think my views are so illegitimate i should not say them. john: you go to campuses around the country. most illiberal others are silenced? >> that is fair. the culture is monolithic they don't seem interested to change that. they pass policies to make it more difficult for students to have minority viewpoints to speak out. john: and professors at lean left, 51% registered democrats. but only 14% are republican. social science is only 6%. >> 70 2% self identify as liberal. which is a big disparity between them and the general public. john: you were a junior when obama was elected? >> it was light a little of the colt it happened across the nation. john: n
tax policy but not by to buy another issues. i was not present the day they shutdown the event but many were shouting there is no debate. no-space 48. that hit home. >> he was shouted down. john: somewhere outside the building and throwing rocks through the window? >> university reacted and condemned the action. unc denounce. but some people did not want to have the debate. some think my views are so illegitimate i should not say them. john: you go to campuses around the country....
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Oct 8, 2012
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been using a study by princeton economist harvey rosen to back up that romney's plan is paid for by tax cut on middle class but there was pushback from rosen saying he was misrepresented, saying increase in the tax burden on lower and middle income individuals is not required in order to make the overall plan revenue neutral. >> he would be the first to say this is not a monument to one man. >> under backdrop in california today, the president held an official event designating the chavez national monument that may help rally hispanic voters. new politico, george washington university battleground tracking poll of likely voters shows president may have an intensity problem. only 73% support him say they are extremely likely to vote compared to 86% who back romney. >> they know the race has tightened. >> bret: ed henry traveling with the president in california. ed thanks. >>> we are less than a month away from election day. much of the country is already taking part in early voting. we are taking our weekly look at how the electoral college map is shaping up. joining me again today are
been using a study by princeton economist harvey rosen to back up that romney's plan is paid for by tax cut on middle class but there was pushback from rosen saying he was misrepresented, saying increase in the tax burden on lower and middle income individuals is not required in order to make the overall plan revenue neutral. >> he would be the first to say this is not a monument to one man. >> under backdrop in california today, the president held an official event designating the...
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i spend hours a day trying to find a job and get taxes taken from my unemployment tax. karen, chandler, arizona. my husband and i both have jobs, but worse off financially than ever. bill, adding mcgurk to "the factor" is the best since miller time. bill, don't subject your viewers to gottlieb. "the factor" is becoming "jersey shore." aren't you better than that, bill? not really. billy
i spend hours a day trying to find a job and get taxes taken from my unemployment tax. karen, chandler, arizona. my husband and i both have jobs, but worse off financially than ever. bill, adding mcgurk to "the factor" is the best since miller time. bill, don't subject your viewers to gottlieb. "the factor" is becoming "jersey shore." aren't you better than that, bill? not really. billy
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i spend hours a day trying to find a job and get taxes taken from my unemployment tax. karen, chandler, arizona. my husband and i both have jobs, but worse off financially than ever. bill, adding mcgurk to "the factor" is the best since miller time. bill, don't subject your viewers to gottlieb. "the factor" is becoming "jersey shore." aren't you better than that, bill? not really. billy connor, carmine, texas. o'reilly, we have tickets for the show in austin, texas. are we still on? the show is sold out, billy. miller and i will be there november 23rd. the 24th, the houston evening sold out. details on all shows on billoreilly.com. seeyouinnovember. dave,franklin,tennessee. bill,toaddtoyourtipoftheday,that bill,toaddtoyourtipoftheday,that nowisagoodtime be a house, federal sales tax. somehow that's flying under the radar. the texas only kicks in if you make a big profit, but it is another tax. finally the factor tip of the day. tomorrow my new book "killing kennedy" will be released. i think you'll like. it's like "killing lincoln." some people think it's better. theref
i spend hours a day trying to find a job and get taxes taken from my unemployment tax. karen, chandler, arizona. my husband and i both have jobs, but worse off financially than ever. bill, adding mcgurk to "the factor" is the best since miller time. bill, don't subject your viewers to gottlieb. "the factor" is becoming "jersey shore." aren't you better than that, bill? not really. billy connor, carmine, texas. o'reilly, we have tickets for the show in austin,...
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has a liability, it is when he talked about the 47 percent of people in america who do not pay income taxes. paul ryan was on the trail today in iowa and turned it from a defensive problem for the romney campaign into the advance of the way they will frail the race in terms of the stagnation economy that they accuse president obama of overseeing and the prosperity economy they are promising. >> let's help them get jobs so they can get a paycheck so they are good taxpayers. (applause) this is the point that we have been trying to make. sometimes the point doesn't get made the right way. we don't want a stagnant economy that fosters dependency. we have added 15 million people to the food stamp roles in four years. largely there is no opportunity or economic growth. >>carl: that is the argument mitt romney hopes to make tomorrow night standing face to face with president obama. there has been mock debating today for mitt romney and stepped out if a quick snack and other than that it will be closed doors until the walk through tomorrow afternoon. >>trace: what about the 47 percent controversy.
has a liability, it is when he talked about the 47 percent of people in america who do not pay income taxes. paul ryan was on the trail today in iowa and turned it from a defensive problem for the romney campaign into the advance of the way they will frail the race in terms of the stagnation economy that they accuse president obama of overseeing and the prosperity economy they are promising. >> let's help them get jobs so they can get a paycheck so they are good taxpayers. (applause) this...
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i want to cut taxes, president obama wants to raise taxes. historically that has been a devastating argument. for the president and joe biden to talk about raising taxes when you have millions and millions of americans out of work, it does not seem to work, and everyone knows the actual tax hikes will do almost nothing for the deficit. so it is just kind of catnip for the left. let's raise taxes on the rich. class warfare. i don't think it is a successful economic strategy, and i'm not sure it will or politically either. gerri: interesting days. that is for sure. you will have you back to talk more. when we come back to be searching for a deal, but prescription drugs online presents a all new sets of problems. we will explain. an age-old question resurfacing. can women have it all? are we dissing mother had? this is going to be a panel. you will love it. it will be a lot of fun. ♪ [beep] [indistinct chatter] [kids talking at once] [speaking foreign language] [heart beating] [heartbeat continues] [faint singing] [heartbeat, music playing lou
i want to cut taxes, president obama wants to raise taxes. historically that has been a devastating argument. for the president and joe biden to talk about raising taxes when you have millions and millions of americans out of work, it does not seem to work, and everyone knows the actual tax hikes will do almost nothing for the deficit. so it is just kind of catnip for the left. let's raise taxes on the rich. class warfare. i don't think it is a successful economic strategy, and i'm not sure it...
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the earned income tax credit. i doubled the earned income tax credit. it was signed under the tax credit. reagan started it. we started it with a strong support of republicans in congress. president bush dealt with that, then president obama increased the earned income tax credit for families with more than three children. this is a rejection of basically more than three decades of bipartisan policy to support working families. it's not a bunch of free loaders. there's only 4% of the total population who don't pay federal income tax and don't work and may not be looking for work. we now have the numbers on this, so, i think that most important thing for him is to find a way to relate to more people in these debates and speak to more of them. this is not the republican primary anymore. >> is he principled, do you think? mitt romney? >> that's not the issue, to me. i think he will -- i think he's principled in the sense that he will keep the commitments that he has made. almost all people when they run for president
the earned income tax credit. i doubled the earned income tax credit. it was signed under the tax credit. reagan started it. we started it with a strong support of republicans in congress. president bush dealt with that, then president obama increased the earned income tax credit for families with more than three children. this is a rejection of basically more than three decades of bipartisan policy to support working families. it's not a bunch of free loaders. there's only 4% of the total...
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we are without a sales tax and income tax. people understand here that financial decisions have consequences. i can recall in 2000 when john mccain talked about the debt and the deficit the bush campaign at the time said what is he talking about? john mccain beat george bush here by 20 minutes in that prime rare re. bush retooled his message and barely won new hampshire by talking about the debt and the deficit. gregg: kevin in 2010 the last election there, if i understand it, if i recall correctly i think republicans won almost every office, but that doesn't mean it's going to happen that way this year, the pendulum could begin to swing in the other direction? >> that's correct. we had the largest republican sweep for a legislature of any state in the country in 2010. four years earlier in 2006 the democrats took control of the legislature at all levels of power for the first time since the civil war. we are used to this pendulum swinging back and forth. 2000 goes to george w. bush narrowly. 2004 john kerry wins the state nar
we are without a sales tax and income tax. people understand here that financial decisions have consequences. i can recall in 2000 when john mccain talked about the debt and the deficit the bush campaign at the time said what is he talking about? john mccain beat george bush here by 20 minutes in that prime rare re. bush retooled his message and barely won new hampshire by talking about the debt and the deficit. gregg: kevin in 2010 the last election there, if i understand it, if i recall...
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when he released tax information and gives nearly 30% of his income away the biggest part to his church, i have to say i salute that. i admire people who don't just claim believe in something, but back it with what they actually do and give. and his particular faith is not the same as mine, but i'm wanting people who practice what they preach. i'd love to see people in office and frankly, people who want credibility with me to demonstrate that what they want for on sunday is also what they stand for the rest of the week. and one way we find that out is how they invest even resources. now, if we're going to bring religion and the faith of candidates, particularly mitt romney, into the presidential debate. fair enough, fair enough, mr. reid. let's bring everybody's faith, everyone's church into it and maybe then america will be reminded of this pastor under whom barack obama sat for 20 years. >> god bless america, no, no, no, not god bless america, god (bleep) america. yeah, so if you want to bring religion up, fine, we're all ready and more than happy to talk about the influences of fait
when he released tax information and gives nearly 30% of his income away the biggest part to his church, i have to say i salute that. i admire people who don't just claim believe in something, but back it with what they actually do and give. and his particular faith is not the same as mine, but i'm wanting people who practice what they preach. i'd love to see people in office and frankly, people who want credibility with me to demonstrate that what they want for on sunday is also what they...
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would you give up the mortgage tax deduction for a lower tax rate? log on to gerriwillis.com, vote on the right hand side of the screen and all share the results of the end of tonight's show. coming up later, you will not want to miss this. joins us with his preview of tonight's debate and there will be a huge windfall for the government but a hit to your pocketbook. find out how much more un nearly every other american will be paying uncle sam if we drive over the fiscal cliff in january. nearly 1 billion people around the world don't have enough food to survive. we can't let this happen. there is something we can do about it. please join christina aguilera and yum! brands in the movement to fight world hunger by supporting the united nations world food programme. for more information, go to fromhungertohope.com. your contribution will feed children and save lives. together, we can stop the dying and start the living. and together, we can move people from hunger to hope. and together, we can move people why they're always there to talk. i love you,
would you give up the mortgage tax deduction for a lower tax rate? log on to gerriwillis.com, vote on the right hand side of the screen and all share the results of the end of tonight's show. coming up later, you will not want to miss this. joins us with his preview of tonight's debate and there will be a huge windfall for the government but a hit to your pocketbook. find out how much more un nearly every other american will be paying uncle sam if we drive over the fiscal cliff in january....
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Sep 30, 2012
09/12
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lou: united nations on a mission to become the tax master. considering new global taxes to transfer trillions of dollars. among the tax proposed remember secretary of state clinton is enthusiastic. one% tax on all billionaires' and all financial transactions carbon emissions, airline tickets she suggests she is on board with some of that earlier this week. >> one issue i have been preaching about is collecting taxes in the equitable man o' war -- manner especially around the world from the e.u. the of every country are making money. there are rich people everywhere yet to they3 there are rich people everywhere yet to they do not contribute to the growth of their own country. lou: there are rich people everywhere. she is worth over 100 million. what is she thinking about? and just have to give them our national sovereignty? what an absurd concept. we are ready to contribute 22% of the when budget almost $8 billion to the united nations. our favorite angry liberal on a quest to offend more people. taking shots at almost everyone on the online t
lou: united nations on a mission to become the tax master. considering new global taxes to transfer trillions of dollars. among the tax proposed remember secretary of state clinton is enthusiastic. one% tax on all billionaires' and all financial transactions carbon emissions, airline tickets she suggests she is on board with some of that earlier this week. >> one issue i have been preaching about is collecting taxes in the equitable man o' war -- manner especially around the world from...
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payroll tax, real estate tax, gas tax, on and on and on. the president raises the rates to 5%, most businesses work on 5% or 8%. how much more can they sustain? that reduces jobs, kills us. neil: that's your point; right, dave? >> exactly. you know, there's no 5% there. our goal is 2 #.5%, neil. our goal -- >> if we're lucky. neil: goal is 2.5% -- >> in a good economy. 2.5% net in a good economy in the business we do today. add 5% there -- >> you're done. >> 2.5% in the red, that's right. neil: if you hear mitt romney saying i'm going to essentially get off your back, going to roll back regulations. he was not specific which, make sure the government cools it on taxes, didn't say to the degree of what allowances and writeoffs and deductions he limits, were you either troubled by the fact it might be a wash? that you, for example, in your case for your catering business, you might see, butch, no tax savings at all, but you might have a lower rate, but can't deduct as much. >> that will kill us. without disposable income for me to spend or gr
payroll tax, real estate tax, gas tax, on and on and on. the president raises the rates to 5%, most businesses work on 5% or 8%. how much more can they sustain? that reduces jobs, kills us. neil: that's your point; right, dave? >> exactly. you know, there's no 5% there. our goal is 2 #.5%, neil. our goal -- >> if we're lucky. neil: goal is 2.5% -- >> in a good economy. 2.5% net in a good economy in the business we do today. add 5% there -- >> you're done. >> 2.5%...
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Sep 30, 2012
09/12
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. >> alisyn: fees, taxes and regulations and none of them needed? it's why small business owners say they're being forced to close shop across the country. one lawmaker is fighting back. he's next to explain. and a teenager getting the last laugh after her track mates pulled a cruel joke on her. the inspiring homecoming story coming up. ♪ [ "human" by the human league playing ] humans. we mean well, but we're imperfect creatures living in a beautifully imperfect world. it's amazing we've made it this far. maybe it's because when one of us messes up, someone else comes along to help out. that's the thing about humans. when things are at their worst, we're at our best. see how at libertymutu.com. liberty mutual insurance -- responsibility. what's your policy? droid does. and does it launch apps by voice while learning your voice ? launch cab4me. droid does. keep left at the fork. does it do turn-by-turn navigation ? droid does. with verizon, america's largest 4g lte network, and motorola, droid does. get $100 off select motorola 4g lte smartphones l
. >> alisyn: fees, taxes and regulations and none of them needed? it's why small business owners say they're being forced to close shop across the country. one lawmaker is fighting back. he's next to explain. and a teenager getting the last laugh after her track mates pulled a cruel joke on her. the inspiring homecoming story coming up. ♪ [ "human" by the human league playing ] humans. we mean well, but we're imperfect creatures living in a beautifully imperfect world. it's...
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Oct 4, 2012
10/12
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i will not raise tax on middle income families. i'll lower taxes on middle income families. martha: by our count president obama mentioned the middle class 19 times, clearly a focus of every presidential election. let's talk about this. lanny davis joins me now. and jonah goldberg is the editor at large for the national review. welcome, jonah. lanny, you listened to all that. what do you think? >> i'm not very happy with the president's performance. i think he did poorly. i agree with him on substance. i think he got the better of the exchange regarding the facts and the policy. but for the obama campaign to put the spokesman on and i'm sure she is doing her best and not to admit he had a bad night and to say we ought to do fact check when the fact checkers have rated obama's ads with four pinocchios. the way to do this is to say look at governor romney. smile, be gracious. don't look down and take notes while a man is talking to you. it's as simple as admitting he had a bad night. but on policy and substance i'm still voting for him. i know she doesn't believe she was sayin
i will not raise tax on middle income families. i'll lower taxes on middle income families. martha: by our count president obama mentioned the middle class 19 times, clearly a focus of every presidential election. let's talk about this. lanny davis joins me now. and jonah goldberg is the editor at large for the national review. welcome, jonah. lanny, you listened to all that. what do you think? >> i'm not very happy with the president's performance. i think he did poorly. i agree with him...
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. >> i would rather have my tax dollar going a family buying stuff at costco and bulk. >> jon: right, because this is america, jack! if uncle sam is paying for the meal, uncle sam gets to tell where you to eat. oh! i just forgot, i don't make any [bleep] sense! the story actually came to light because it is kind of a fini parody music video made by some high-school students that even included some much younger students singing along in kansas where they decried the new federal guidelines and even burned the legislation. kids taking a strong political stand. pretty sophisticated stuff. >> the parody school was actually written by an english teacher at the school. (laughter) >> jon: oh, a teacher wrote a song that the children including what appear to be elementary schoolkids performed against the government. i wonder how fox is going to take this. i don't mean their pundits, i mean their news people. >> cafeteria revolt, the new school lunch program that has left students starving. >> in kansas some kids and a teacher came up with a parody, a video turning the song we are young into we
. >> i would rather have my tax dollar going a family buying stuff at costco and bulk. >> jon: right, because this is america, jack! if uncle sam is paying for the meal, uncle sam gets to tell where you to eat. oh! i just forgot, i don't make any [bleep] sense! the story actually came to light because it is kind of a fini parody music video made by some high-school students that even included some much younger students singing along in kansas where they decried the new federal...
WHUT (Howard University Television)
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Oct 6, 2012
10/12
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the cuts in terms of social services, health services, double cups of the rest of spain and double taxes. that is a really big imbalance. we must solve that. >> catalonia has a powerful hand to play -- it is the industrial powerhouse, rich, a kind of spanish germany. until now, nationalist politicians have played that hand to get concessions from madrid, but madrid now can only offer austerity and has repeatedly denied the region's attempts to gain more autonomy. >> we have the political power, but barcelona had the economic power, and now, we are trying in a very clear way to concentrate economic and political power. >> the catalan government now wants an independence referendum legal or otherwise. >> if the legal process does not run good enough, we will not stop. >> you will have a referendum? >> it is impossible to avoid it. >> if they ever do become a country, they will have no trouble forming a football team. at this soccer bar on tuesday night, there were no doubts about what is changing. >> i feel absolutely catalan. >> two or three years ago, people would say that independence t
the cuts in terms of social services, health services, double cups of the rest of spain and double taxes. that is a really big imbalance. we must solve that. >> catalonia has a powerful hand to play -- it is the industrial powerhouse, rich, a kind of spanish germany. until now, nationalist politicians have played that hand to get concessions from madrid, but madrid now can only offer austerity and has repeatedly denied the region's attempts to gain more autonomy. >> we have the...
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the vast majority of the taxes collected in fact. we can talk about the tax rate, but it should be noted how close we are getting that rate in the country. that's my two cents have a wonderful evening and terrific weekend. ♪ lou: good evening, everybody. the obama administration tonight is embroiled in a widening controversy with new questions asked of the president and white house of the murder of ambassador christopher stevens and three others. john kerry is rumored to be the president's choice to be hillary clinton's replacement. all 18 members of which, republicans and democrats, have signed a letter acceptability to the administration asking for a full accounting of the benghazi terrorist attacks and the events in yemen and egypt. the white house continues to give every appearance of stone walling, both the congress and the press. almost three weeks have passed since those attacks, and leaked from within the white house, an intelligence community suggests the obama administration has been involved in an outright cover up. ther
the vast majority of the taxes collected in fact. we can talk about the tax rate, but it should be noted how close we are getting that rate in the country. that's my two cents have a wonderful evening and terrific weekend. ♪ lou: good evening, everybody. the obama administration tonight is embroiled in a widening controversy with new questions asked of the president and white house of the murder of ambassador christopher stevens and three others. john kerry is rumored to be the president's...
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Oct 7, 2012
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a battle over $5 trillion, your tax dollars, president obama says a tax cut by the governor would roll out benefits to only the wealthiest americans at the cost of the middle class. romney says, no matter how many times the president says it it is not true. who is telling the truth? i'm shannon bream, live in washington. we have representatives from both sides of the aisle. rnc chairman, reince priebus and dnc chairwoman, debbie wasserman-schultz. welcome. we start in washington with reince priebus. i want to talk about the unemployment numbers for september, 7.8%, the lowest since president obama has been in office. he said, you can't turn back now, america is moving in the right direction. has he made a case that we are seeing recovery? >> not at all. first of all, we will let the economists argue over the numbers. i know people are arguing over how you can could have 900,000ions found, a month before the election. i will let them argue about that. if it's all true and it all works out and it's not adjusted downward if a month, i think it's great for the country to see improvement in
a battle over $5 trillion, your tax dollars, president obama says a tax cut by the governor would roll out benefits to only the wealthiest americans at the cost of the middle class. romney says, no matter how many times the president says it it is not true. who is telling the truth? i'm shannon bream, live in washington. we have representatives from both sides of the aisle. rnc chairman, reince priebus and dnc chairwoman, debbie wasserman-schultz. welcome. we start in washington with reince...
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Oct 1, 2012
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how will they pay for the care of these elderly people with fewer and fewer young people to pay the taxes? some economists here are calling it a financial catastrophe in the making. >> that was rupert hayes in tokyo. we will have more on this, but the way, in a moment, but let's take a look at some of the other stories making headlines around the world today. nato has been concerned that three of their troops have been killed in afghanistan. the device is believed to be -- believed to have been detonated, killing an interpreter as well. the japanese prime minister has appointed a popular foreign minister to his cabinet. the appointment is being seen as an attempt to improve relationships with beijing after a period of high tension over disputed islands in the east china sea. 20 years in prison on charges of setting rebellion, human rights groups have condemned the conviction, saying that it is part of a continued campaign against government critics. the prime minister demanded in june that the journalist be arrested for allegedly plot to overthrow the state. tops go back now to our story
how will they pay for the care of these elderly people with fewer and fewer young people to pay the taxes? some economists here are calling it a financial catastrophe in the making. >> that was rupert hayes in tokyo. we will have more on this, but the way, in a moment, but let's take a look at some of the other stories making headlines around the world today. nato has been concerned that three of their troops have been killed in afghanistan. the device is believed to be -- believed to...
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and the other one goes no he wants to raise taxes or we need regulation and the other one would say are you agree so in the context of this debate they agreed on a lot of things but the devil is of course in the details but as they tried to get into details the numbers is got even works and we still have two more debates in the coming weeks we'll hear more about the candidates foreign policy vision for now in most states president obama is leading in the polls although by a very small margin there are going pretty much six to neck but it's important to mention that in the us a candidate might win the majority of the popular vote and still lose the election because it's not the popular vote is the so-called electoral college that decides the outcome of the presidential election here every state gives the candidate a certain number of points and the winner has to collect the number two hundred seventy points even if a candidate loses a state by just say three votes they get zero points that way it's a very peculiar electoral system which is not really about the will of the majority so
and the other one goes no he wants to raise taxes or we need regulation and the other one would say are you agree so in the context of this debate they agreed on a lot of things but the devil is of course in the details but as they tried to get into details the numbers is got even works and we still have two more debates in the coming weeks we'll hear more about the candidates foreign policy vision for now in most states president obama is leading in the polls although by a very small margin...
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he wants to give tax cuts to people over to -- 250. repeal the estate tax and he said he also wants to increase spending for the defense industry. so i don't -- it's right there. this is what he has been running on. he says this will spark economic revival. >> so we don't know is what the president will run on. lou: we do know. he has to run on his record. what he has done is not deliver on cutting the deficit. what he has done is create over $5 trillion in deficits. and a debt of $16 trillion in total. >> see him run his record. that is what he has done. lou: i want to understand something here. is there some way he doesn't run on his record? i'm sorry. >> for the last 20 muncie has been running and his record. lou: i'm not talking about that. i'm talking about right now. governor romney put him on his record, and that was his signature achievement. >> i promise you, what they will do, they're going to fire ever nuclear bomb they have. lou: had dirty. is that what you're saying? >> at the end of the day, the fact that the man stood on
he wants to give tax cuts to people over to -- 250. repeal the estate tax and he said he also wants to increase spending for the defense industry. so i don't -- it's right there. this is what he has been running on. he says this will spark economic revival. >> so we don't know is what the president will run on. lou: we do know. he has to run on his record. what he has done is not deliver on cutting the deficit. what he has done is create over $5 trillion in deficits. and a debt of $16...
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09/12
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it's tax on capital gains. there are lots of people who believe it should be taxed as ordinary income. would you support moving the carried interest so it's taxed as ordinary income? as interest rule. >> it came about always sweat equity. if a restaurant your said i want to open a restaurant. want you to invest $50,000. you take 80% of the profits and i'm take 20%. that's what carried interest is. it's what the venture capital firms do and that's how people are compensated. do. it gets people to look at it, the tax code should be looked at from farm subsidies to carried interest and corporate loopholes because we need to raise more revenue. >> what do you think of this man as a leader? he hired you, i assume. >> he gave me my first job back at bain and company before bain capital was started. he's an incredible family man. he's got a good sense of humor. it sometimes gets him in trouble but he's got a great sense of humor, and he has a great sense of humor. i'm heartened by the fact that we have two fantastic c
it's tax on capital gains. there are lots of people who believe it should be taxed as ordinary income. would you support moving the carried interest so it's taxed as ordinary income? as interest rule. >> it came about always sweat equity. if a restaurant your said i want to open a restaurant. want you to invest $50,000. you take 80% of the profits and i'm take 20%. that's what carried interest is. it's what the venture capital firms do and that's how people are compensated. do. it gets...
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he has not raised taxes. he lowered taxes on working families and small businesses. too joe biden is talking about the record of the obama-biden administration saying they are buried. jamie: will the president have tee dress this tonight? will he have to talk about why the middle class was -- will he distance himself from his policies playing a role. >> he may have to put context into biden's statement. >> why is it that whenever this administration, whether it's the president or joe biden actually tells the truth. they tell you what's on their mind like the president saying that the private sector is doing fine or telling entrepreneurs like me that we didn't build our business. why is it when they tell the truth suddenly they are taken out of context. >> there you go again to quote one of our great republican presidents. you note context of that. >> the context was worse than what he said. he said you entrepreneurs put out your chest, you think you are so smart, but you didn't build it. that's the context. >> you left out what he was talking about before that and th
he has not raised taxes. he lowered taxes on working families and small businesses. too joe biden is talking about the record of the obama-biden administration saying they are buried. jamie: will the president have tee dress this tonight? will he have to talk about why the middle class was -- will he distance himself from his policies playing a role. >> he may have to put context into biden's statement. >> why is it that whenever this administration, whether it's the president or...
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Oct 7, 2012
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between linda mcmahon, republican, and representative chris murphy, democrat. ú >> i will not raise taxes on middle income families. >> now he says five weeks before the election, his big, bold idea, is never mind. >> it's arithmetic. >> sunday watch the entire debate at noon eastern time, here on c-span. >> now a discussion of the changing international order and the president's role in leading foreign policy. this is about an hour and a half. >> i am david rothkopf. we have a terrific panel here. >> we are g going -- we are going to open with a quote, and then i will ask them a couple questions about related issues. following that, at the end of each one of these sort of 20 or 25-minute sks, i'm going to look to you for questions, so we can keep this as interactive as possible and have you as engaged in the discussion as possible. at the end, there will even be a little more time so that if we haven't covered something in the context, then you will be able to introduce that into the discussion, and we will wrap up here promptly at 8:00 tonight. when we do get to the questions and answer
between linda mcmahon, republican, and representative chris murphy, democrat. ú >> i will not raise taxes on middle income families. >> now he says five weeks before the election, his big, bold idea, is never mind. >> it's arithmetic. >> sunday watch the entire debate at noon eastern time, here on c-span. >> now a discussion of the changing international order and the president's role in leading foreign policy. this is about an hour and a half. >> i am...
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Oct 5, 2012
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he said, in fact, they do want to raise taxes a trillion dollars. well, i don't want to raise taxes on any americans because i want to create good jobs in america. [cheers and applause] now, i take america in a very different direction. first of all, i want to make sure that our policies encourage job growth, and i have five things i'll do. you've heard me describe them time and again, but five things i'll do that'll get jobs growing in this country again, and growing right here in this part of virginia as well because number one on my list is to take full advantage of all our energy resources, our oil, our coal, our gas, our nuclear, our renewables. [cheers and applause] and i know you care a lot more about coal than the other ones i just mentioned, so let me just remind you that when the president was running for office, he said that if you built a new coal-fired plant, why, you'd go wasn't. and the head -- bankrupt. and the head of the epa has also said that the regulations on burning coal are now so vin gent is virtually impossible to build a ne
he said, in fact, they do want to raise taxes a trillion dollars. well, i don't want to raise taxes on any americans because i want to create good jobs in america. [cheers and applause] now, i take america in a very different direction. first of all, i want to make sure that our policies encourage job growth, and i have five things i'll do. you've heard me describe them time and again, but five things i'll do that'll get jobs growing in this country again, and growing right here in this part of...
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is now looking for a global tax. now, we're calling global tax maggedden. where we would pony up a huge portion of the tax receipts into the u.n. and they would distribute them throughout the world to the needy. what do you think of this? >> i think it's incredible. first of all, we are the needy. maybe they should do it where china should write off their trillion dollars that they wrote us and more. by the way, if you look what's going on, they are serious about this where we're supposed to give more money to other countries. we don't have money for ourselves. so it's just another ploy. we'll educational background up being -- end up being, because we are run by people globe know what they're doing issues we'll be the only nation that gives. >> gretchen: i got bad news for you, you're going to be taxed 1% tax on billionaires around the world. that's part of this whole deal. >> i can imagine the people that are going to distribute the money. i've seen the people. i have buildings over there. i see them all the time. you should see the people that are going
is now looking for a global tax. now, we're calling global tax maggedden. where we would pony up a huge portion of the tax receipts into the u.n. and they would distribute them throughout the world to the needy. what do you think of this? >> i think it's incredible. first of all, we are the needy. maybe they should do it where china should write off their trillion dollars that they wrote us and more. by the way, if you look what's going on, they are serious about this where we're supposed...